Found another interesting report on one of the earliest coin sales in the USA in the E-sylum archive while I was researching another topic, thought
I'd share it here in this thread.
The E-Sylum: Volume 2, Number 8, February 22, 1999, Article 6
CONTEMPORARY REPORT OF AN EARLY COIN SALE
In the "Show-N-Tell" category, here's an interesting account
from an unnamed and undated newspaper article pasted onto
the endpapers of my copy of the 1846 book by William Du Bois,
"Pledges of History." The book is the first record of the cabinet
of coins at the U.S. Mint in Philadelphia. The article describes
a coin sale, probably the March 25, 1862 sale of the John K.
Wiggin collection by Edward Cogan in Philadelphia:
"RARE AMERICAN COINS AND MEDALS - A
NOVEL SALE
A sale somewhat curious and interesting took place, a few
evenings ago, in Tenth street, consisting of nine hundred and
eighty lots of rare American coins and medals. Mr. William
C. Cook acted as auctioneer. The bidding was very spirited,
especially for the finer pieces. Among the numismatoloists
present we noticed Messrs. Strawbridge, and McCoy, of
New York, Mr. Cohen, of Baltimore, Leavitt, of Cincinnati,
Chambers, of Providence, Bertah, of Mauch Chunk; and of
Philadelphia, Messrs. Coffin, Zehnder, Jenks, Mickle,
Cauffman, Emlen, Moneita, Potts, Humphries, Jones, Nipper,
Clarke, Cline, and others. Below we give prices of some of
the finer pieces, which no doubt will prove interesting to
many of our readers."
The article went on to list prices of fifty-seven lots. Top bids
were for a 1796 Half Dollar "remarkably fine and rare," $28,
an 1854 proof set, $21, an "excellent impression" of a 1799 cent,
$14, and a 1794
Half Dime "proof, very rare," $8.13. The
account is an interesting window into the golden age of
American numismatics. Although the reporter misspelled many
of the names, they are still recognizable as including the major
numismatic figures of the day. What fun we "numismatoloists" of
today would have if we could be transported back to that sale.
Pleasant dreams...
Wayne Homren, Editor